https://www.miningweekly.com

Ridgeline executes Nevada Gold Mines earn-in

18th July 2023

By: Creamer Media Reporter

     

Font size: - +

Precious and base metals explorer Ridgeline Minerals has added a second earn-in agreement with Nevada Gold Mines (NGM), this time focusing on the Carlin-East gold property.

Ridgeline’s Carlin-East gold project is directly on trend of NGM’s Fallin discovery to the north of the Leeville mine in the prolific Carlin-Trend mining district of Nevada.

NGM – a joint venture between Barrick Gold and Newmont – can incur at least $4.5-million in qualifying work expenditures over an initial five-year term to earn an initial 60% interest in Carline-East. NGM will have further options to increase its interest to a total of 75%.

NGM will assume operatorship of the project immediately.

“Our partnerships with NGM now provide up to $40-million in total potential exploration expenditures between the Swift and Carlin-East projects, which leverages NGM’s proven track record of discovery while significantly reducing the exploration risk inherent with deep drilling in Nevada,” said CEO and director Chad Peters.

 

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Axiom Hydraulics
Axiom Hydraulics

Axiom Hydraulics is a trusted leader in South Africa’s hydraulic industry, delivering world-class components, systems, and engineering expertise...

VISIT SHOWROOM 
Energy and Densification Systems
Energy and Densification Systems

Energy and Densification Systems (EDS) has developed equipment for crushing, milling, blending and densifying products. Based on its globally...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (17/07/2026)
17th July 2026 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.042 0.063s - 110pq - 2rq
Subscribe Now